GENERAL INFORMATION AND REGULATIONS
NBH MARKETS (NBHM) LLC Is A Precious Metals, Index And Forex Broker Backed By Physical Gold. It Is One Of Several Global Companies Under The Umbrella Of The Dubai-based National Bullion Group, With NBH MARKETS European Union Ltd. Formerly Known As NBH MARKETS Limited, NBH MARKETS LLC Was Established In Cyprus In 2018 And Is Regulated By The Cyprus Securities And Exchange Commission CySEC With Registration Number 208/13.
Market Instruments
Traders Can Trade More Than 60 Different Markets From One Account, Offering CFD Trading In Forex, Spot Indices And Precious Metals. The Most Extensive Product Is Forex, Offering 44 Major And Minor Currency Pairs. In Addition, Customers Can Trade Popular Cash Indices Such As DE30cash And Precious Metals (gold And Silver).
Minimum Deposit
The Three Available Account Options Are The NBH MARKETS Platform, Namely Standard Account (minimum Deposit Of $500), Professional Account (minimum Deposit Of $25,000) And Elite Account (minimum Deposit Of $50,000). The Initial Requirement To Open An Account Of $500 Is Much Higher Than The Industry.
Leverage
Since NBH MARKETS Is Registered In Cyprus, The Maximum Leverage For Retail Clients Is 1:30 According To Emsa Regulations, While Professional Traders Can Apply For Higher Leverage.
Spreads And Commissions
Available Spreads And Commissions Charged Vary By Account Type, But All Spreads Are Variable. Pro And Elite Accounts Have More Competitive Spreads, But These Have A Higher Minimum Deposit Amount, So It May Not Be Available To Some Traders. Spreads Start At A Minimum Of 1.6 Pips For Standard Accounts, With Pro And Elite Accounts Reduced To A Minimum Of 0.2 And 0.0 Pips Respectively. No Commission Is Charged For Trades Made Using A Standard Account, But Clients Will Be Charged $2.50 For Every $100,000 Traded Using A Professional Account And $20 For Every $1 Million Traded Using An Elite Account.
Trading Platform
NBHM Offers The Popular Mt4 Forex Trading Platform, Which Offers An Impressive Range Of Indicators, Analytical Features And Highly Customizable Charts. Interactive Charts Are Available In 9 Time Frames, Ranging From Minutes To Monthly. In Addition, 30 Built-in Indicators And 2,000 Free Custom Indicators Allow Market Analysis Of Varying Levels Of Sophistication. 24 Analytical Objects Allow For Trend Detection And Price Prediction. NBH MARKETS Also Offers The Multi-asset Platform Metatrader 5, Which Is The Successor To The Popular MT4. MT5 Has 8 Additional Built-in Indicators And An Additional 12 Time Ranges. Other Features Include One-click Trading And An Economic Calendar That Provides Macroeconomic News. MT4 And MT5 Are Available For Desktop Download And Can Also Be Accessed Using The Cloud Web And Mobile Apps.
Deposits And Withdrawals
NBHM Accepts Deposits Using MasterCard And Visa, E-wallet And Telegraphic Transfer. There Are No Deposit Fees For Card Payments And Telegraphic Transfers, But Some E-wallet Providers Charge Transaction Fees: ADV Cash 0.3%, Fasapay 0.75%, Globe Pay 4% And Pay Trust 3%. Same-day Withdrawals Are Available For All Methods, Except Telegraphic Transfers, Which Take 3-5 Business Days, Depending On The Bank. A Minimum Withdrawal Of $5 Applies To All Withdrawals. Some Online E-wallet Withdrawal Methods Require A Commission: Skrill 1.5%, Neteller 2.5%, Globe Pay 1.5% And Pay Trust 1.8%.
Trading Hours
The NBHM Trading Session Coincides With The 24/5 Forex Trading Session. However, Brokers Recommend That Metals Have Different Trading Hours, So Clients Should Contact NBHM For Market-specific Details
Customer Support
NBHM Has A Dedicated Support Team That Offers A 24/6 Responsive Service, Including A Live Chat Option, Which Can Be Accessed By Clicking The Chat Logo In The Lower Right Corner Of The Website.
